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$1,325,000
Est. payment /mo
7,501 Sqft Lot
UPDATED:
12/05/2024 03:30 AM
Key Details
Property Type Vacant Land
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 24427289
HOA Y/N No
Lot Size 7,501 Sqft
Lot Dimensions Assessor
Property Description
REDUCED! We are pleased to exclusively present for sale a fully Ready-to-Issue construction project of 6 residential dwellings consisting of five 3 story units and one ADU in the East Hollywood neighborhood of Los Angeles. Situated on N. Harvard Blvd. between Melrose Ave. and Clinton St., this 7,498 SF R3-1 Tier 2 lot has 50 feet of frontage. The property is scraped and ready for it's future. Plan Check is fully approved, with Permits Ready-to-Issue! Get your construction crew ready! The design consists of four 3+3 Townhomes-style units, one 4+4 SFR and one attached 2+1 ADU totaling 6,963 SF of rentable square footage. The project features three separate structures with the middle unit sharing no walls with neighbors. The Front Structure is a 3 Story Duplex with an attached ADU. The Middle Structure is a 3 Story Single Family Residence. The Back Structure is a 3 Story Duplex. All the 3+3 Townhomes & SFR will have 2 parking spaces each (total of 10 parking spaces on site). The simplicity of construction for this project will save a developer on costs and speed them to the finish line! The property comes with an SB8 Replacement Unit Determination Letter stating that "no affordable replacement units are required." This site is tucked in between Hollywood, Silver Lake and Koreatown - all areas in Los Angeles that are going through or have already gone through tremendous redevelopment, all with a great nightlife scene and amenities that future residents may desire. Walk Score calls this area a Walker's Paradise! With a convenient and central location, quick access to the 101 freeway and about a mile away from the Metro Station, this property should be an easy commute to anywhere in the Greater Los Angeles.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Zoning R3-1 Tier 2
Interior
Inclusions 6 Unit Ready-to-Issue Project
Fireplace No
Exterior
View Y/N Yes
Building
New Construction No
Others
Senior Community No
Tax ID 5521006015
Special Listing Condition Standard
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Listed by Dario Svidler • Keller Williams Beverly Hills
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Scott Woodburn
Real Estate Professional Knowledge Broker | License ID: 01185194
Real Estate Professional Knowledge Broker License ID: 01185194